240 Markland Drive, Toronto, ON

$2,675
MLS#:W13470038
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,675 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via other

Description

Limited Time Only! Receive 2 Months Free Rent When Signing A 14-Month Lease! Welcome To 240 Markland - Enjoy Like-New Renovations In This Spacious 2 Bedroom, 1 Bathroom Suite Spanning Just Shy Of 1,000 SF! Functional, Open Concept Living Space With Chef's Kitchen, Like-New, Full Sized Appliances, Quartz Counters & Oversized Island. Spacious Primary Retreat Offers Walk-In Closet & Large Windows. Large Private Balcony. Tenant To Pay Hydro. All Light Fixtures & Window Coverings Included [Roller Blinds Throughout]. Residents Of 240 Markland Also Enjoy Access To The BRAND NEW Amenities Located In Adjoining Building - Including State Of The Art Fitness Centre & Yoga Studio, Party Room & Social Lounge, Media/Movie Room, Co-Working Area, Children's Play Area, & Dog Wash With Outdoor Amenities To Be Completed In 2026 - Lounge & BBQ Courtyard, Children's Playground, & Fenced In Dog Run. Located Steps From TTC, Parks, Schools And Much More!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/19/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Library, Park, Public Transit, School

Interior Features

None

Security Features

Security System

Community Features

Location

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240 Markland Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 240 Markland Drive 1003, Toronto W08, ON M9C 1R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$134 (5.0%)
* Minimum Canadian down payment required for this price is $134.
Amortization Period25 Years
Estimated Monthly Payment$15Based on a loan of $2,541 over 25 years.
Purchase Price$2,675
Loan Amount$2,541
Provincial Land Transfer Tax:$13
Toronto Municipal Land Transfer Tax:$13
Total Estimated Closing Taxes:$27

About Purchasing a Home in Toronto, ON

For a property listed at $2,675 in Toronto, the legal minimum down payment is $134 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $27.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Markland Wood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,103,478

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Nativity of Our Lord
Public35 Saffron Crescent, Etobicoke, Toronto, Ontario, M9C 3T8
7.7
Josyf Cardinal Slipyj
Public35 West Deane Park Drive, Etobicoke, Toronto, Ontario, M9B 2R5
8.4
Our Lady of Peace
Public70 Mattice Avenue, Etobicoke, Toronto, Ontario, M9B 1T6
6.4
Mother Cabrini
Public720 Renforth Drive, Etobicoke, Toronto, Ontario, M9C 2N9
6.9
St Ambrose
Public20 Coules Court, Etobicoke, Toronto, Ontario, M8W 2N9
7.4

Secondary Schools

Silverthorn
Public291 Mill Road, Etobicoke, Toronto, Ontario, M9C 1Y5
6.3
Martingrove
Public50 Winterton Drive, Etobicoke, Toronto, Ontario, M9B 3G7
6.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.